All Forum Posts by: Jordan Bentz
Jordan Bentz has started 1 posts and replied 3 times.
Post: Investor worker profit split
- Investor
- Louisville, TN
- Posts 3
- Votes 0
Originally posted by @Richard Dunlop:
The investor is assuming all of the risk and the worker will be working for about two months at a few hours a day. The renovations needed are very simple. New paint, new flooring, and new cabinets and counter tops in the kitchen is all that is needed. I was thinking a 50/50 split of the profit would be fair since the investor is risking all of his money and the worker is putting in all of the work.
Post: Investor worker profit split
- Investor
- Louisville, TN
- Posts 3
- Votes 0
Originally posted by @Richard Dunlop:
The Investor and the worker are both going to get paid off of the profit. I am just wondering what a fair split would be.
Like for example, the investor would pay 50k for a house and pay for 10k of supplies for the worker to fix the house with. Lets say the house sells for 100k.
The investor would get back the 60k he put in. Now what would be a fair split of the 40k if one put in all the money for the project and the other put in all the work?
Post: Investor worker profit split
- Investor
- Louisville, TN
- Posts 3
- Votes 0
I am wondering what a good profit split would be for one individual being the investor and the other individual doing all of the manual work.
The investor will pay for 100% of the house and renovations for the house to be completed and the worker will invest 0% of the money, and just work on the house. After the house is sold and the initial money is paid back to the investor, how should the profit be split?